Corp. announced a definitive agreement to acquire Kito Crosby Ltd. (KCL), a manufacturer of lifting, rigging, and ...

RiConnect appoints Holloway Houston as distributor for the Americas, expanding its SaaS offering in North & South America ...

Corporation has agreed to acquire Kito Crosby for $2.7 billion in cash. The purchase is set to be funded with $2.6 billion in committed debt financing and a $0.8 billion perpetual convertible ...

The manufacturer announced this week it had reached a $2.7 billion deal to acquire Kito Crosby Ltd. The all-cash transaction ...

Local industrial manufacturer Columbus McKinnon disclosed plans to buy Texas-based Kito Crosby in a deal worth $2.7 billion, ...

Vesna Brajkovic is MDM's Senior Editor, having joined the company in May 2023. She has more than seven years of experience as a B2B publication editor, having focused on the commercial trucking, ...

Columbus McKinnon Corp has agreed to buy machinery maker Kito Crosby from Kohlberg Kravis Roberts & Co (KKR) in a transaction ...

It's set to form a leading material handling and motion control supplier with annual revenues of about $2.1 billion.

KKR has agreed to sell Kito Crosby, a Texas-based manufacturer of safe lifting and securement solutions, to Columbus McKinnon for $2.7 billion. The deal is expected to close later this year.

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Shares of Columbus McKinnon (NASDAQ:CMCO) plummeted 41% after the company reported third-quarter earnings that fell short of expectations and announced a significant acquisition of Kito Crosby, ...